DGAP-Adhoc: The Social Chain AG: The Social Chain AG resolves on a Capital Increase from Authorised Capital against the contribution of shares of KoRo Handels GmbH and drtv.agency GmbH

Publication Pursuant to MAR Article 17

The Social Chain AG resolves on a Capital Increase from Authorised Capital
against the contribution of shares of KoRo Handels GmbH and drtv.agency GmbH.

Berlin, February 25, 2020 - With the approval of the Supervisory Board, the Management Board of The Social Chain AG (WKN: A1YC99, ISIN: DE000A1YC996, ticker: PU11) (the "Company") has resolved today to increase the Company's share capital with exclusion of the shareholders' subscription rights. The capital increase shall be effected against cash contribution with partial utilization of the existing authorized capital pursuant to Section 3(6) of the articles of association. The Company's share capital will be increased from EUR 10,189,718.00 (Share capital after registration of the non-cash capital increases from authorised capital resolved on 6 December 2019 and 30 December 2019) to EUR 10,316,804.00 through the issue of 127,086.00 new no-par-value registered shares with a notional share capital value of EUR 1.00 per share.

The founders and shareholders of KoRo Handels GmbH based in Berlin, Mr. Piran Asci and Mr. Constantinos Calios, are authorised to subscribe for 36,084 of the total 127,086 new shares to be issued. In return for the issue of the new shares, they will contribute 4.24 % each, i. e. 8.48 % in total of the share capital of KoRo Handels GmbH into the Company on the basis of a purchase and contribution agreement already concluded.
With the implementation of the capital increase the Company holds the majority in KoRo Handels GmbH.

Primex Holding GmbH, headquartered in Stuttgart, is authorised to subscribe for the remaining 91,002 of the total of 127,086 new shares. In return, Primex Holding GmbH will contribute a total of 30.60 % of the share capital of drtv.agency GmbH, based in Stuttgart, to the Company on the basis of a purchase and contribution agreement already concluded. With the implementation of the capital increase the Company holds the majority in drtv.agency GmbH. The issue price for the new shares to be issued is EUR 23.00 per share issued.

About THE SOCIAL CHAIN AG
As the first integrated social media company, THE SOCIAL CHAIN AG combines social media and social commerce, integrated through its own tech platform LINKS. The company is a pioneer in the creation, development and scaling of social media brands. The company's headquarters are in Berlin with additional offices in Manchester, London, New York and Munich.

Kontakt:
Jana Walker | Investor Relations I [email protected]